BentallGreenOak and Highgate completed the $50m investment in AHIP.

BentallGreenOak, a private equity firm, and Highgate, a fully-integrated real estate investment and hospitality management company, completed the $50m investment in American Hotel Income Properties REIT. "The proceeds received will assist us in strengthening our balance sheet, improving our capital structure, and enhancing our ability to act on growth opportunities that may arise. BentallGreenOak and Highgate are aligned with our strategy, and we are excited to have established this partnership as we continue to improve on the temporary sector challenges from the Covid-19 pandemic and advance our portfolio's growth and cash flow objectives," Jonathan Korol, AHIP CEO.